Prestige Estates Reduces Stake in Stellar Envision LLP to 50%

Prestige Estates Projects Limited has executed a reconstituted Limited Liability Partnership Deed for Stellar Envision LLP, a wholly-owned subsidiary. Following this, Prestige Estates' partnership interest in the LLP has been reduced to 50%. The LLP, which focuses on real estate projects in Bangalore, saw a consideration of Rs. 0.05 million for this disinvestment. The net worth of the LLP as of March 31, 2026, was Rs. 0.1 million, with nil other income. The new partner is engaged in the Real Estate business and is not part of the promoter or group companies. This transaction is not considered a related party transaction.